SME Finance
This paper takes stock of the empirical evidence on the financing challenges faced by small and medium enterprises, especially in developing countries. The paper first discusses the institutional constraints that impede access to finance, including...
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| Format: | Working Paper |
| Language: | English |
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World Bank, Washington, DC
2017
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| Online Access: | http://documents.worldbank.org/curated/en/860711510585220714/SME-finance http://hdl.handle.net/10986/28860 |
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okr-10986-288602021-06-08T14:42:47Z SME Finance Ayyagari, Meghana Demirguc-Kunt, Asli Maksimovic, Vojislav SMALL AND MEDIUM ENTERPRISE SMEs PRODUCTIVITY FINANCE GROWTH MICROFINANCE ACCESS TO FINANCE This paper takes stock of the empirical evidence on the financing challenges faced by small and medium enterprises, especially in developing countries. The paper first discusses the institutional constraints that impede access to finance, including the lack of reliable credit information, lack of suitable collateral, and weak legal institutions. It next highlights firm heterogeneity among small and medium enterprises in accessing finance. The focus is on various policies and reforms that have been shown to be effective in improving access to credit for small and medium enterprises. The paper concludes by highlighting areas where new research could be effective. 2017-11-14T22:15:21Z 2017-11-14T22:15:21Z 2017-11 Working Paper http://documents.worldbank.org/curated/en/860711510585220714/SME-finance http://hdl.handle.net/10986/28860 English Policy Research Working Paper;No. 8241 CC BY 3.0 IGO http://creativecommons.org/licenses/by/3.0/igo World Bank World Bank, Washington, DC Publications & Research Publications & Research :: Policy Research Working Paper |
| repository_type |
Digital Repository |
| institution_category |
Foreign Institution |
| institution |
Digital Repositories |
| building |
World Bank Open Knowledge Repository |
| collection |
World Bank |
| language |
English |
| topic |
SMALL AND MEDIUM ENTERPRISE SMEs PRODUCTIVITY FINANCE GROWTH MICROFINANCE ACCESS TO FINANCE |
| spellingShingle |
SMALL AND MEDIUM ENTERPRISE SMEs PRODUCTIVITY FINANCE GROWTH MICROFINANCE ACCESS TO FINANCE Ayyagari, Meghana Demirguc-Kunt, Asli Maksimovic, Vojislav SME Finance |
| relation |
Policy Research Working Paper;No. 8241 |
| description |
This paper takes stock of the empirical
evidence on the financing challenges faced by small and
medium enterprises, especially in developing countries. The
paper first discusses the institutional constraints that
impede access to finance, including the lack of reliable
credit information, lack of suitable collateral, and weak
legal institutions. It next highlights firm heterogeneity
among small and medium enterprises in accessing finance. The
focus is on various policies and reforms that have been
shown to be effective in improving access to credit for
small and medium enterprises. The paper concludes by
highlighting areas where new research could be effective. |
| format |
Working Paper |
| author |
Ayyagari, Meghana Demirguc-Kunt, Asli Maksimovic, Vojislav |
| author_facet |
Ayyagari, Meghana Demirguc-Kunt, Asli Maksimovic, Vojislav |
| author_sort |
Ayyagari, Meghana |
| title |
SME Finance |
| title_short |
SME Finance |
| title_full |
SME Finance |
| title_fullStr |
SME Finance |
| title_full_unstemmed |
SME Finance |
| title_sort |
sme finance |
| publisher |
World Bank, Washington, DC |
| publishDate |
2017 |
| url |
http://documents.worldbank.org/curated/en/860711510585220714/SME-finance http://hdl.handle.net/10986/28860 |
| _version_ |
1764467891399294976 |